Exxon Mobil Co. (NYSE:XOM) Shares Purchased by Blue Fin Capital Inc.

Blue Fin Capital Inc. lifted its position in Exxon Mobil Co. (NYSE:XOM) by 20.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,569 shares of the oil and gas company’s stock after purchasing an additional 765 shares during the quarter. Blue Fin Capital Inc.’s holdings in Exxon Mobil were worth $491,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of XOM. Beacon Capital Management LLC boosted its stake in Exxon Mobil by 1.1% during the 4th quarter. Beacon Capital Management LLC now owns 8,582 shares of the oil and gas company’s stock valued at $923,000 after purchasing an additional 93 shares in the last quarter. Lincoln Capital LLC lifted its holdings in shares of Exxon Mobil by 1.1% in the fourth quarter. Lincoln Capital LLC now owns 8,521 shares of the oil and gas company’s stock valued at $917,000 after buying an additional 94 shares during the period. Altus Wealth Group LLC lifted its holdings in shares of Exxon Mobil by 0.9% in the fourth quarter. Altus Wealth Group LLC now owns 10,130 shares of the oil and gas company’s stock valued at $1,090,000 after buying an additional 94 shares during the period. Harvest Fund Management Co. Ltd boosted its stake in Exxon Mobil by 11.4% during the fourth quarter. Harvest Fund Management Co. Ltd now owns 918 shares of the oil and gas company’s stock valued at $99,000 after buying an additional 94 shares in the last quarter. Finally, Field & Main Bank grew its holdings in Exxon Mobil by 0.4% during the fourth quarter. Field & Main Bank now owns 23,495 shares of the oil and gas company’s stock worth $2,527,000 after acquiring an additional 95 shares during the period. 61.80% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

XOM has been the subject of several research reports. Piper Sandler reduced their price objective on shares of Exxon Mobil from $127.00 to $125.00 and set an “overweight” rating for the company in a research report on Tuesday, May 13th. Mizuho reduced their price target on shares of Exxon Mobil from $129.00 to $124.00 and set a “neutral” rating for the company in a research report on Tuesday, May 13th. Bernstein Bank boosted their target price on shares of Exxon Mobil from $138.00 to $144.00 and gave the company an “overweight” rating in a research note on Friday, January 31st. Barclays dropped their price target on Exxon Mobil from $130.00 to $127.00 and set an “overweight” rating on the stock in a research report on Monday, May 5th. Finally, Argus upgraded Exxon Mobil to a “strong-buy” rating in a research report on Tuesday, February 4th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have assigned a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, Exxon Mobil presently has an average rating of “Moderate Buy” and an average price target of $125.50.

Exxon Mobil Trading Down 1.1%

Shares of XOM stock opened at $103.77 on Thursday. The business’s 50 day moving average is $108.69 and its two-hundred day moving average is $110.62. The company has a quick ratio of 0.97, a current ratio of 1.31 and a debt-to-equity ratio of 0.14. Exxon Mobil Co. has a 12 month low of $97.80 and a 12 month high of $126.34. The company has a market cap of $447.22 billion, a PE ratio of 13.24, a price-to-earnings-growth ratio of 3.02 and a beta of 0.51.

Exxon Mobil (NYSE:XOM) last posted its earnings results on Friday, May 2nd. The oil and gas company reported $1.76 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.73 by $0.03. The business had revenue of $83.13 billion for the quarter, compared to analyst estimates of $86.11 billion. Exxon Mobil had a net margin of 9.63% and a return on equity of 12.92%. Exxon Mobil’s revenue was up .1% compared to the same quarter last year. During the same period last year, the business posted $2.06 EPS. Equities analysts predict that Exxon Mobil Co. will post 7.43 EPS for the current year.

Exxon Mobil Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 10th. Shareholders of record on Thursday, May 15th will be issued a $0.99 dividend. This represents a $3.96 dividend on an annualized basis and a yield of 3.82%. The ex-dividend date is Thursday, May 15th. Exxon Mobil’s dividend payout ratio (DPR) is currently 52.52%.

About Exxon Mobil

Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas in the United States and internationally. It operates through Upstream, Energy Products, Chemical Products, and Specialty Products segments. The Upstream segment explores for and produces crude oil and natural gas.